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Overview / Commentary
575-234-2500
202 West Stevens Street
Carlsbad, NM 88220

The Carlsbad National Bank is headquartered in Carlsbad and is the 16st largest bank in the state of New Mexico. It is also the 2,340th largest bank in the nation. It was established in 1924 and as of December of 2013, it had grown to 69 employees at 3 locations. The Carlsbad National Bank has a A health rating.

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 The Carlsbad National Bank had $5,000 in non-current loans and owned real-estate with $23.23 million in equity and loan loss allowances on hand to cover it. This gives The Carlsbad National Bank a Texas Ratio of 0.02% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for The Carlsbad National Bank decreased dramatically from 0.07% as of December 31, 2012 to 0.02% as of December 31, 2013, resulting in a positive change of 69.10%.This indicates that the balance sheet and financial strength for The Carlsbad National Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, The Carlsbad National Bank has increased its total deposits by $12.17 million, resulting in 5.19% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth The Carlsbad National Bank has shown is excellent.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. The Carlsbad National Bank has $273.68 million in assets with $23.23 million in equity, resulting in a capitalization level of 8.49%, which is average.

Institution Statistics

Overall
FDIC Certificate #2241
Year Established1924
Employees69
Primary RegulatorOCC
Assets and Liabilities
Assets$273.68 million
Loans$107.65 million
Deposits$246.77 million
Equity Capital$21.86 million
Loan Loss Allowance$1.37 million
Unbacked Noncurrent Loans$5,000
Real Estate Owned$0
Historic Data - December 2012
Assets$265.93 million
Equity Capital$24.48 million
Loan Loss Allowance$1.37 million
Unbacked Noncurrent Loans$5,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.21%
Return on Assets1.48%
Return on Equity16.77%
Interest Income$8.54 million
Rates

Always verify rates and promotions with the bank or credit union. We are not The Carlsbad National Bank, we are a rate comparison website and can not provide official rates or promotions.

The Carlsbad National Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%--High Five Savings
0.15%$5k-Senior Plus Savings
0.10%$100-Savings Account

The Carlsbad National Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.10%$100k-Money Management Account

The Carlsbad National Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.01%$1k-Interest Checking
0.01%$1k-Senior Plus Checking

The Carlsbad National Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.00%$1k-5 Year CD
0.85%$1k-4 Year CD
0.75%$1k-42 Month CD
0.65%$1k-36 Month CD
0.55%$1k-30 Month CD
0.45%$1k-24 Month CD
0.35%$1k-18 Month CD
0.30%$1k-1 Year CD
0.25%$1k-182 Day CD
0.10%$1k-90 Day CD

The Carlsbad National Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.35%$1k-18 Month Variable IRA
Locations


The Carlsbad National Bank Locations
North Branch1509 West Pierce StreetCarlsbad, NM 88220
The Carlsbad National Bank202 West Stevens StreetCarlsbad, NM 88220
Wal-Mart Super Center Branch2401 South Canal StreetCarlsbad, NM 88220